What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
The following stocks are considered to be notable value stocks in the communication services sector:
- DISH Network DISH - P/E: 5.2
- AdTheorent Holding ADTH - P/E: 3.26
- Liberty Broadband LBRDK - P/E: 9.53
- Grupo Televisa TV - P/E: 5.48
- Verizon Communications VZ - P/E: 9.17
DISH Network's earnings per share for Q3 sits at $0.65, whereas in Q2, they were at 0.82. Most recently, AdTheorent Holding reported earnings per share at $0.06, whereas in Q2 earnings per share sat at $0.62. Liberty Broadband has reported Q3 earnings per share at $2.05, which has increased by 3.02% compared to Q2, which was 1.99. This quarter, Grupo Televisa experienced a decrease in earnings per share, which was $0.26 in Q2 and is now $0.03. The company's most recent dividend yield sits at 0.32%, which has increased by 0.01% from 0.31% last quarter.
Most recently, Verizon Communications reported earnings per share at $1.32, whereas in Q2 earnings per share sat at $1.31. Its most recent dividend yield is at 6.7%, which has increased by 0.38% from 6.32% in the previous quarter.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.